PIIPolaris Inc.
Miscellaneous Transportation Equipment
- Revenue
- $7.2B
- 0.3% YoY
- Operating margin
- -4.9%
- 220% YoY
- EBITDA
- −$62M
- 111% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $1.3B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear21% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear7% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $7.4B | $8.6B | $8.9B | $7.2B | $7.2B | 0.3% |
| Operating income | $712M | $805M | $701M | $291M | −$349M | 220% |
| Net income | $494M | $447M | $503M | $111M | −$466M | 520% |
| Operating cash flow | $294M | $509M | $926M | $268M | $741M | 176% |
| Capex | $283M | $307M | $413M | $262M | $183M | 30% |
| Stock-based comp | $61M | $63M | $57M | $49M | $60M | 22% |
| Buybacks | $462M | $505M | $179M | $83M | $2M | 97% |
| Dividends | $153M | $150M | $147M | $148M | $150M | 1.8% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.